When their government abruptly ended its harsh Covid measures in December, many Chinese expected a robust rebound from pent-up demand. Eight months later, China is instead facing an accumulation of […]
Deflation (Economics)
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Back to news homeChina’s Economy Battles Debt, Slowing Trade and Specter of Deflation
For more than a quarter-century, China has been synonymous with relentless development and upward mobility. As its 1.4 billion people gained an appetite for the wares of the world — […]
Deflation Becomes a Threat to China’s Economy
The United States has spent much of the past 18 months struggling to control inflation. China is experiencing the opposite problem: People and businesses are not spending, pushing the economy […]